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Intellectual Property Bill Given Royal Assent
Last week, the Intellectual Property Bill which parliament had been considering over the last twelve months, received Royal Assent, and became the Intellectual Property Act 2014.
The Act is set to start coming into force from October this year, before all measures are introduced by the end of next ear; and it is hoped that the Act will enables businesses to better protect their Intellectual Property rights both within the domestic and international markets.
Some of the key features of the new Intellectual Property Act 2014 include the Unified Patent Court Agreement having the potential to be introduced into the UK; whilst the UK-IPO controller will be provided powers to revoke a UK patent if they have previously issued an opinion stating that the patent is invalid.
It is hoped that the latter will remove the unfair monopoly invalid patents currently provide.
Additionally, the introduction of the Act will provide the power for the UK to join the Hague international design registration system within its own right, as at present the UK are only a member by virtue of European Union membership.
Whilst the Intellectual Property Bill has recently received Royal Assent, for those who have concerns about their intellectual property, trademark or copyright, our City of London solicitors are able to assist.
At Royds, we understand the importance of protecting your intellectual property rights, which is why we are committed to providing our clients with effective intellectual property advice on protecting inventions and intellectual property rights.
Combining our technical knowledge with our commercial approach to business, we are able to help clients in a range of industry sectors, including media, publishing and entertainment on all matters regarding intellectual property.
To find out how we can help you, contact Claus Anderson or John North via 020 7583 2222.